Jim Barrall, senior fellow in residence at the Lowell Milken Institute for Business Law and Policy, commented in the Washington Post on executive pay packages, which have increased dramatically over the last 20 years, despite legislation which has intended to set limits. “Market forces drive CEO pay. There is a market for CEOs, just like there is for football coaches and actors, and some of them are well paid,” said Barrall. “History proves that when the tax code has been used to limit executive compensation, it has not worked and has had unintended consequences," he added.